Playboy OKs Hefner buyout offer to take private
Playboy Enterprises Inc as a whole accepts an offer from Icon Acquisition Holdings LP led by Hugh Hefner to take the company private. Hefner holds about 70 percent of voting shares and 28 percent of non voting shares, with a $6.15 a share bid valuing the firm at about $207 million and topping a prior $5.50 offer.
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Rockwell Collins Expands Ascend Through CTA Acquisition
Rockwell Collins acquires Computing Technologies for Aviation Inc. CTA, based in Charlottesville Virginia, provides a flight operations management system used by corporate government and regional operators. The deal broadens Ascend flight information solutions for business aircraft operators.
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Should I pay off mortgage with TSP or savings now
A financial advisor says leaving the TSP untouched is best. Paying off the mortgage with retirement funds creates penalties and tax costs, and preserving liquidity for 41 months of mortgage payments is wiser. Consider selling the house instead of depleting assets to avoid forced asset sale.
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